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9th Jun 2023
Gold traded sideways after a 1% climb in the previous session, although gold headed for second straight weekly gains on bets that the U.S. Federal Reserve may pause rate hikes in its next week meeting. According to the Fed rate monitor tool, there wa
2nd Jun 2023
MCX copper prices have been rising consecutively for the last three days, supported by unexpected growth in factory activity in China and a vote of approval from the U.S. House of Representatives to suspend the debt ceiling. Production in Chile fell
26th May 2023
Crude oil prices retreated nearly 3% on Thursday's session after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting on June 4. The Russian president also said on Wednesday that en
Introduction Digital gold is a concept used to describe cryptocurrency. It is supposed to be a digital equivalent of physical gold. It is a blockchain-based asset that enables investors to exchange and hold gold digitally without having any metal.
5th May 2023
Natural gas prices failed to maintain momentum after the storage data showed a build of 78 bcf compared to small expectations for a build of 68 bcf. Prices declined by almost 3% from the day's high and settled at lows on Thursday. However, during the
28th Apr 2023
Gold prices traded lower on Friday, extending losses into the third straight session in a row after the U.S. inflation and jobless claims data, and raised fears of more rate hikes in the coming sessions. Gold prices fell below the $2000 mark, while y
6th Apr 2023
Crude oil prices jumped 6% on Monday after OPEC jolted the market with plans to cut more production. The Organization and Petroleum Exporting Countries announced on Sunday that they will start another production cut by 1.6 million barrels per day fro
31st Mar 2023
Copper prices declined almost 2% over a week after touching their highest in nearly two weeks due to a resurgent dollar and worries of further rate hikes. Federal Reserve Bank of New York President John Williams said that inflation is still at proble
17th Mar 2023
Natural gas prices continued to decline, falling by 8% to a three-week low to Rs.179 with no sign of recovery as warmer weather and economic turmoil eased expectations of demand. Sentiments remain weak as forecasts call for less cold weather and lowe
3rd Mar 2023
Gold prices kept to a small range on Friday as weekly jobless claims grew more than expected, spurring hopes that a softening labor market could pave the way for less-aggressive rate hikes from Federal Reserve. Data on Thursday showed the number of A
24th Feb 2023
Higher inflation data dented oil sentiments on Wednesday; prices fell by $2 per barrel to their lowest in two weeks, as investors were more concerned about the recent data that will prompt more aggressive interest rate hikes by central banks, pressur
10th Feb 2023
Natural gas prices tumbled more than 3% on Thursday after storage data from the government said that inventories of heating fuel were 17% higher than a year ago. According to the EIA weekly report, utilities drew a lower-than-forecast 100bcf, or bill
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